Rediscover Cubao with Amaia Skies

Start your career off on a high note at Amaia Skies Cubao, Amaia's first high-rise condominium development. This 3-tower development is located right along EDSA, where you can easily hop onto the MRT or take a bus. It's also highly accessible via other modes of public transport, so you'll never have to be late for a meeting again! There's also a retail area in the ground floor and a podium level w

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Phl real estate sector seen to be ‘bullish’

DUBAI: The Philippine real estate sector is “likely to remain bullish until 2016 on strong economic growth,” according to Anna V. Tatlonghari, president of  Ayala Land International Sales, Inc. (ALISI) In an email interview, Tatlonghari said this projection is likewise anchored on developments around urban centers that are creating ripple investment effects. She said this makes up for the

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China’s loss, Phl’s gain, says developer

DUBAI: The Philippines stands to gain from China’s ongoing economic slowdown  being the “best alternative for investors to open businesses in because of affordable labor costs and the Filipinos’ English competency.” This according to Vince Lubrin, international property specialist at SMDC, one of the key players in the Philippines’ real estate sector, who pointed out that “ foreig

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‘Metro Manila properties’ value rising at 7% yearly’

DUBAI: Properties in Metro Manila have been increasing in value for the past five eyars  at an annual rate of seven percent, according to Ortigas Co. a pioneer in the Philippines’ real estate industry. “Although the appreciation of the properties is still dependent on the country’s economic movement, based on the historical data, the properties in Metro Manila for the past five years hav

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‘Outlook remains rosy across the real estate industry’

DUBAI: The outlook for the Philippines’ real estate industry “remains rosy across all sectors,” said David M. Consunji, CEO of DMCI Homes, citing reports from international property specialists, Jones Llang Lasalle. In an email interview with The Filipino Times (TFT), Consunji said three factors noted by the real property consultancy firm as among reasons keeping developers bullish about th

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Did you know?

Ortigas & Co., one of the pioneers in the Philippine real estate landscape, has its humble beginnings in July 10, 1931, when “Ortigas, Madrigal y cia., S. En C.” was incorporated as a limited partnership of Francisco Ortigas, Vicente Madrigal, BCM Johnston, Fulgencio Borromeo, Clyde A. Dewitt, and Manuel L. Quezon. All incorporators (except Quezon, who was President of the Philippine Senate a

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‘Singles should reduce travel to save for a condo’

Singles planning on buying a condo can make it easier if they cut their travel plans,” said Joey F. Santos, senior vice president and general manager of Ortigas & Co.’s Real Estate Division. “Singles should buy a condo unit now since they are affordable. They should save by reducing their travel plans. Instead of buying discounted airfares, they could cut their travel plans in half and save

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DMCI to go nationwide

Citing a land bank it has in Bataan, Naga, Dagupan, and Davao, DMCI Homes chairman, Isidro Consunji, has recently announced plans for the company to go nationwide and, at the same time, contribute in addressing the housing backlog by building more affordable horizontal housing projects. One of the Philippines’ developers of medium-rise condominiums and residential projects, DMCI spun off its ho

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OFWs, BPOs keeping PHL real property ‘dynamic, surging’

DUBAI: Because the demand from overseas Filipino workers (OFWs) and business process outsourcing (BPOs) companies continues to swell, the Philippine real property sector remains “dynamic and surging,” said Marjorie Riconalla, sales and marketing director of Home Edge Limited, one of leading developers in the Philippines. “The demand for affordable residential properties within the middle in

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High-rise residential bubble is stable, PNB says

Dubai: There was a “major concern” about a high-rise residential bubble bursting around 2013 brought about by two consecutive years of price increases from 2011 and the almost equal level between supply and demand, according to a special report from the Philippine National Bank. The report, a copy of which was obtained by The Filipino Times, noted that this was allayed after prices finally ea

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